Provident Society

What exactly is the Kent Reliance Provident Society (KRPS)?

Kent Reliance Provident Society (KRPS) is a mutual organisation that was formed as part of the transfer in 2011 of Kent Reliance Building Society's business to OneSavings Bank plc (OSB). Members of what was Kent Reliance Building Society, while OSB, trading as Kent Reliance, carries on the banking activities.

KRPS and Customer Benefits

Each month one member of KRPS will receive £1,000 as part of a prize draw. The society also makes a monthly donation to a charitable programme, administered by the Kent Community Foundation (KCF).

All Kent Reliance account holders are eligible to join. More information is available on the Provident Society's website.

Customer Panel

Although all KRPS members have a voice, members of the KRPS Panel are asked for their opinion from time to time for their opinion which is provided directly to the board and executive team of Kent Reliance.

Get in touch

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.